FREMOGRUPPEN AS

7066 TRONDHEIM

Finances

Return on Equity

213,67 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 543 000	114 222 000	114 804 000	78 847 000
Net Income	3 844 000	4 928 000	5 593 000	4 778 000
Total Assets	30 939 000	36 479 000	36 279 000	24 315 000
Total Equity	1 799 000	1 747 000	1 718 000	1 716 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 543 000	114 222 000	114 804 000	78 847 000
Expenditure	101 168 000	107 791 000	107 640 000	72 822 000
Operating Profit	4 375 000	6 431 000	7 164 000	6 026 000
Financial Income	762 000	29 000	61 000	135 000
Financial Costs	316 000	132 000	17 000	1 000
Financial Balance	446 000	−103 000	44 000	134 000
Earnings Before Tax	4 820 000	6 329 000	7 208 000	6 160 000
Tax	976 000	1 401 000	1 615 000	1 382 000
Net Income	3 844 000	4 928 000	5 593 000	4 778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	399 000	399 000	399 000	289 000
Total Current Assets	30 540 000	36 080 000	35 880 000	24 026 000
Total Assets	30 939 000	36 479 000	36 279 000	24 315 000
Total Retained Equity	1 700 000	1 656 000	1 627 000	1 625 000
Total Equity	1 799 000	1 747 000	1 718 000	1 716 000
Total Long-Term Debt	1 000	1 000	6 000	22 000
Total Current Debt	29 140 000	34 732 000	34 554 000	22 578 000
Total Equity and Debt	30 939 000	36 479 000	36 279 000	24 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 361 000	113 997 000	114 576 000	78 566 000
Other Income	182 000	225 000	228 000	281 000
Revenue	105 543 000	114 222 000	114 804 000	78 847 000
Cost of Goods Sold	0	0	0	0
Salary Costs	95 909 000	102 164 000	101 665 000	68 172 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	101 168 000	107 791 000	107 640 000	72 822 000
Operating Profit	4 375 000	6 431 000	7 164 000	6 026 000
Financial Income	762 000	29 000	61 000	135 000
Financial Costs	316 000	132 000	17 000	1 000
Financial Balance	446 000	−103 000	44 000	134 000
Dividends	3 800 000	4 900 000	5 590 000	4 778 000
Net Income	3 844 000	4 928 000	5 593 000	4 778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	399 000	399 000	399 000	289 000
Total Fixed Assets	399 000	399 000	399 000	289 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000 000	15 971 000	13 216 000	13 653 000
Total Current Assets	30 540 000	36 080 000	35 880 000	24 026 000
Total Assets	30 939 000	36 479 000	36 279 000	24 315 000
Total Equity	1 799 000	1 747 000	1 718 000	1 716 000
Short-Term Group Debt	213 000	0	141 000	332 000
Total Long-Term Debt	1 000	1 000	6 000	22 000
Creditors	207 000	533 000	483 000	849 000
Unpaid Taxes	8 115 000	10 015 000	10 307 000	7 218 000
Dividends	3 800 000	4 900 000	5 590 000	4 778 000
Other Current Debt	15 829 000	17 877 000	16 434 000	8 079 000
Total Current Debt	29 140 000	34 732 000	34 554 000	22 578 000
Total Equity and Debt	30 939 000	36 479 000	36 279 000	24 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	213,67 %	282,08 %	325,55 %	278,44 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	4,15 %	5,63 %	6,24 %	7,64 %
Current Ratio	1,05	1,04	1,04	1,06
Quick Ratio	1,05	1,04	1,04	1,06
Equity Ratio	0,06	0,05	0,05	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %